Apple chip supplier says China's smartphone market is picking up

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Apple chip supplier says China's smartphone market is picking up

China’s smartphone market is set to rebound after a soft first-quarter, according to the CEO of Apple supplier Dialog Semiconductor. In an interview on CNBC’s “Squawk Box Europe” Thursday, Dialog CEO Jalal Bagherli expressed optimism in his outlook for …
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Uber's Eye-Popping IPO Approaches. Is It Really Worth $90 Billion?

Uber will go public on Friday in a highly anticipated initial public offering that will be the largest since 2014 — and one of the biggest in U.S. history. After speculation that the ride-hailing company could be valued at as high as $120 billion, Uber is now …
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Ahead of Uber IPO, Biggest Shareholder SoftBank Is Already Reaping Rewards

Hours ahead of Uber Technologies Inc.’s market debut, the ride-hailing company’s biggest shareholder, Masayoshi Son’s SoftBank Group Corp., is already reaping rewards, if only on paper. SoftBank’s operating income more than tripled to 494.9 billion yen …
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Tesla's Capital Raise Offered No Real Benefit To The Company Or Its Suffering Shareholders

As I began to write this column on Tesla, as I always do, I checked the price of Tesla shares. Tesla shares’ Wednesday closing price of $244.84 deserves some historical perspective. On February 28th, 2014, Tesla shares closed at $244.81. So, in honor of …
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Steinhoff shares tumble after release of 2017 results

JOHANNESBURG – Johannesburg-listed shares of Steinhoff fell almost 20 percent on Thursday after the scandal-hit firm reported a $4-billion operating loss in the 2017 fiscal year in a much-delayed earnings report. Steinhoff, which is also listed in Frankfurt, …
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